Tag: China’s banks


Despite Beijing’s Verbal Support, Chinese Companies and Banks Are Distancing Themselves From Russia

April 20, 2022


Ever since Russia sent troops into Ukraine nearly two months ago, China has refused to join the U.S. and Europe in condemning the Kremlin’s actions or imposing economic sanctions, with officials pledging instead to maintain “normal business ties” with Russia. […]

Capital and Risk, Liquidity, Macroeconomic

China’s banks face cash crunch fears after authorities seize lender

June 28, 2019


Chinese authorities’ takeover of the distressed Baoshang Bank — the first such case in nearly 20 years — has spooked the banking sector in the country, with banks finding it more difficult to borrow money from large lenders in the […]